A New Airline For Mexico...Again!

The percolating Mexican airline market will be getting another player before the year ends according a report in the Irish Examiner.

RyanMex will be taking flight thanks to a 49% investment by the Ryan Family, the backers of Ryanair, the huge Irish discount air carrier. IAMSA, Mexicos largest bus transportation company, will hold the controlling 51% share of the airline.

RyanMex will be joining a host of other Mexican carriers taking flight this year in the newly deregulated Mexican airline market including upstart Volaris Airlines.

New Airline For Nantucket

According to a report in the Boston Herald, sun lovers will soon have a new airline to help them get back and forth to Nantucket thanks to the financial backing of a pair of Cape Cod businessmen. Nantucket Shuttle is preparing to take to the skies this summer by offering passengers a cheaper alternative to the two existing carriers, Island Airlines and Cape Air/Nantucket Airlines.

With flights starting as low as $29.95 each way, the new airline will effectively undercut the discounted commuter book fares of its competitors. Currently, both existing operators charge $91 each way per person, but a ten ticket commuter book drops that price to $40 per trip.

The airline will operate one eight passenger Cessna 414A and five ten passenger Cessna 402C aircraft.

NWA Pilots Authorize Strike

92% of Northwest Airlines pilots have authorized their union to conduct a strike against the beleagured and bankrupt carrier.

With a showdown over wage concessions and work rules looming, the strike will not occur unless the airline imposes concessions on its pilots according to union officials.

NWA flight attendants are also threatening to strike; their voting period lasts through March 6th.